Redde Northgate Share Discussion Threads

[fxprotrader] 07/5/2020 17:31

atleast that one thing you never need to worry about fatboy!

[rogthepodge] 06/5/2020 23:31

tax implications? isn't rental more efficient? I may be wrong

[rental] 06/5/2020 22:40

These 50k government back loans are going to hurt van rental industry, customers now have funds to buy there own van rather than rent long term.

[rental] 06/5/2020 22:40

These 50k government back loans are going to hurt van rental as business customers now have funds to buy there own van.

[master rsi] 23/4/2020 09:51

160p +8p

Philip Vincent - chief financier officer - buys shares 19,971 shares @ 149.4p yesterday 22th April

[master rsi] 20/4/2020 09:19

nicely moving up and looking to Break the last intraday high on the 13th, one week ago.

[fxprotrader] 17/4/2020 14:41

numb nuts!

[rogthepodge] 17/4/2020 13:59

Norge Bank now above 4%

[master rsi] 17/4/2020 13:29

164.20p +12.60p +8.31%

Is certainly a better way today as is now going places

[master rsi] 17/4/2020 09:05

The breakout point has been resistance for the last couple days as REDD and the market retrace, a better day on the way today.

[master rsi] 10/4/2020 23:56

Breakout from the last intraday high last Wednesday @ 150.50p

[master rsi] 10/4/2020 23:31

Not much going on this thread since the merger went through, I was expecting a new thread being open, but still the same one but no posters.

Well after a long look as it was descending for what it seems two reason... merger and Coronavirus, the stock started to bounce maybe with the maker, but last Tuesday the 7th I decided I should get some, so 151p was the price I paid.

Doing well since

[sphere25] 16/3/2020 19:16

No surprise to see this stock is getting absolutely killed. It would have got clobbered regardless of Covid-19. It was an absolute howler of a merger.


---------------------------------------------------------------------------------
Sphere25
2 Dec '19 - 15:00 - 4205 of 4340 Edit
0 1 0
Price currently -4% down at 106.6p

Stock now trading below the Thursday close price, the day before the merger news. That's bearing in mind that the stock was already massively depressed by multiple overhangs.

You don't have to listen to anyone on these forums of course, but even Mr Market is telling you how bad this deal is. It is an absolute TRAIN WRECK of a proposal - NTG is literally dragging down REDD as I type. I can't stress enough to folk just how much more likely the possibility of significant returns are with REDD as a standalone entity, well out of the midst of NTG.

No position in here now, but I'd love to buy back REDD as the standalone recovery play that was beginning to bear fruit. Will common sense prevail? I don't trust institutional fund manglers. They could easily vote this one through - most of them really can't read markets at all well.

Going to be a damn shame if it goes through. I guess I will live in hope and see how things transpire.

Good luck folks! Luck, that's what it boils down to now.

[rental] 12/3/2020 16:01

this is crazy bad

[rental] 12/3/2020 16:01

this is crazy bad

[skinny] 11/3/2020 14:17

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[largeronald] 11/3/2020 13:21

Share price over 50% down since this merger was announced, and that doesn't include the lost dividend.

I hope the management team are congratulating themselves whilst spending their well-deserved hard earned bonuses this year.

[zangdook] 05/3/2020 01:28

It's gone.
That more than anything makes me want to have nothing to do with this company any more. They could easily have brought it forward so old REDD holders got both their dividends this year.

[chaders2] 04/3/2020 18:47

so what about the divi next month or is that gone

[cokehookerscars] 03/3/2020 00:55

Fingers crossed for some upward movement.

[skinny] 02/3/2020 10:06

It appears that is now the ticker for Redde Northgate Plc.


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[zangdook] 29/2/2020 05:13

246,091,423 shares @ 245p =

[rental] 28/2/2020 15:10

market cap anyone please

[blobby] 28/2/2020 13:34

OK, I've just check and I may have this wrong... I don't know what is going on or what the ticker is :-(

[blobby] 28/2/2020 13:28

REDD shares no longer exist. They have been exchanged for NTG shares. I'd suggest further discussion is best directed to the Redde Northgate board